Headline News In 60 Seconds Daily 2024-11-02T08:01:19.750Z
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- 🌏 'New Singapore' Strategy Boosts Nikko AM to a 20% Index-Beating Return Nikko Asset Management's innovative 'New Singapore' strategy achieved an impressive 20% return, outperforming traditional indices. Launched in January 2023, it capitalizes on Singapore's economic strengths. CEO Yu-Ming Wang spearheaded the successful initiative, drawing significant investor attention and acclaim.
- 🚀 Singapore's Manufacturing Boom: Transport Engineering Fuels Optimism Ahead of 2025 The Singapore Economic Development Board's latest survey reveals manufacturers’ robust outlook, driven by transport engineering. Optimism is highest since 2021, with companies like ST Engineering expecting significant growth by 2025.
- 🇸🇬 Singapore Rebuts Allegations: Government Condemns Accusations by Ex-PM Lee's Sibling as a 'Smear Campaign' Singapore's government issued a statement on November 1, 2024, accusing Lee Hsien Yang, brother of former Prime Minister Lee Hsien Loong, of spreading false information. The ongoing rift stems from a family dispute over their late father's estate, intensifying tensions in Singapore's political landscape. The statement emphasized the need for truth and transparency, dismissing the allegations as baseless attempts to undermine public trust.
- 🌐 Singapore Condemns 'Smear Campaign': Allegations Surface Against Ex-PM Lee Hsien Loong's Brother Lee Hsien Yang, brother of Singapore's current Prime Minister, has been accused of a 'smear campaign' by the Singaporean government. These allegations arose on November 1, 2024, following tensions within the Lee family.
- 🚌 Enhanced Bus Connectivity with New Buangkok Interchange The new Buangkok Bus Interchange, operated by SBS Transit, opened on 12 October 2023, featuring 28 bus services, a nursing room, and barrier-free facilities, improving access to nearby amenities for commuters.
- 🌟 Singapore's Public Sector Progress: Biennial Review Highlights Key Advancements Singapore's latest biennial public sector review on October 23, 2023, reveals significant progress in digital services, sustainability initiatives spearheaded by the Government Technology Agency, and citizen engagement projects implemented by the Public Service Division.
- 🌍 Singapore Boosts Pandemic Fund: Contributes Additional $13 Million to Global Efforts On October 13, 2023, Singapore announced an additional $13 million contribution to the global pandemic fund coordinated by the World Health Organization, bringing its total pledge to $14 million.
- 🐒 Exotic Monkey Captured: African vervet sighted in Choa Chu Kang trees caught by ACRES, drawing public and media attention. A vervet monkey, native to Africa, was spotted and captured in trees at Choa Chu Kang Drive on October 2023. The incident drew attention from residents and media. The Animal Concerns Research and Education Society (ACRES) responded promptly to capture the animal safely. Public sightings first occurred on a previous Sunday, leading to concern about its impact on local wildlife.
- 🤑 Singtel and Four Others Offer Lucrative Dividends in November Five Singapore stocks, including Singtel and UOB, are set to distribute dividends in November 2023. Companies offer varying yields and ex-dividend dates, attracting investors aiming for reliable income streams this month.
- 💸 November Dividend Watch: Key Picks from Singapore's Stock Market Singapore Airlines offers a dividend on 9th November 2023. Mapletree Logistics Trust pays out dividends on 17th November 2023. DBS Group Holdings announced special dividends payable on 23rd November 2023.
- 🏥 Singapore's Allied Health Strategy: Nation to Finalize Plan by 2025 Singapore is developing a national strategy for allied health professionals to be finalized by 2025. Dr. Amy Khor announced plans for enhancing training, addressing workforce gaps, and improving healthcare outcomes.
- 🏫 Singapore's Public Sector Progress: Significant advances in education and housing detailed in the Public Sector Outcomes Review The Public Sector Outcomes Review highlights Singapore’s significant strides in education and housing, with improved student performance and increased public housing availability. The report covers achievements between 2021 and 2023, emphasizing policy innovations and infrastructure developments.
- 🇸🇬 Singapore's Public Sector Progress: Government initiatives improve housing, healthcare, digital services, and sustainability. In 2023, Singapore's public sector excelled by enhancing e-government services, increasing public housing by 11,500 units, and investing $3.4 billion in healthcare technology. Environment initiatives reduced carbon emissions by 25% since 2012.
- 💼 Singapore Employers Reject 4-Day Work Week: Survey Shows 8 in 10 Oppose Implementation A survey conducted by Milieu Insight from September 1 to September 17, 2023, reveals that 78% of Singapore employers are not in favor of adopting a 4-day work week, citing concerns over productivity and staffing challenges.
- 📉 Singapore Stocks Dip: STI Drops 0.1% on November 1 On November 1, 2023, the Straits Times Index (STI) fell 0.1% to 3,051.94 points. This decline in the Singapore stock market witnessed Singtel dropping 0.5% and UOB slipping 0.3%.
- 💼 China-Singapore Trade Boost: $30 Billion MOU Signals Enhanced Cooperation in Smart Cities The 7th China-Singapore Joint Council for Bilateral Cooperation meeting, held on January 14, 2023, resulted in the signing of a $30 billion memorandum of understanding focusing on smart city development and technology collaboration.
- 🔍 Singapore's Digital Prowess: Driving 17.7% of GDP in 2023 In 2023, Singapore's digital economy, spearheaded by innovations from companies like Grab and Sea Ltd, accounted for 17.7% of its GDP. Initiatives by the Singaporean government and thriving tech startups have led to significant growth, with further investments expected in 2024 to enhance digital infrastructure and capabilities across the nation.
- 🛌 Effective Bed Management at SGH: Singapore General Hospital's new system optimizes patient flow, aiming for a 90% reduction in bed wait time by the end of 2024. On November 1, 2024, Singapore General Hospital (SGH) unveiled its new bed management system. This technology aims to boost patient flow efficiency by 90% within a year, reducing wait times and enhancing care quality.
- 🚨 Singapore's Call for Peace: Singapore Foreign Minister Vivian Balakrishnan urges for a Gaza ceasefire and the release of hostages, emphasizing the importance of diplomacy. On October 13, 2023, Singapore's Foreign Minister Vivian Balakrishnan addressed the United Nations, advocating for an immediate ceasefire in Gaza. He stressed the plight of hostages and civilians, urging international collaboration to restore peace and stability swiftly.
- 🚀 Singapore's Competitiveness Boost: Immediate Steps Highlighted in Recent Report The Singapore Business Federation reported on 15 October 2023 that among 27 recommendations to enhance competitiveness, several can be implemented by 2024. These involve regulatory changes and infrastructure upgrades, emphasizing digitalization.
- 🌏 'New Singapore' Strategy Boosts Nikko AM to a 20% Index-Beating Return Nikko Asset Management's innovative 'New Singapore' strategy achieved an impressive 20% return, outperforming traditional indices. Launched in January 2023, it capitalizes on Singapore's economic strengths. CEO Yu-Ming Wang spearheaded the successful initiative, drawing significant investor attention and acclaim.
- 🚀 Singapore's Manufacturing Boom: Transport Engineering Fuels Optimism Ahead of 2025 The Singapore Economic Development Board's latest survey reveals manufacturers’ robust outlook, driven by transport engineering. Optimism is highest since 2021, with companies like ST Engineering expecting significant growth by 2025.
- 🇸🇬 Singapore Rebuts Allegations: Government Condemns Accusations by Ex-PM Lee's Sibling as a 'Smear Campaign' Singapore's government issued a statement on November 1, 2024, accusing Lee Hsien Yang, brother of former Prime Minister Lee Hsien Loong, of spreading false information. The ongoing rift stems from a family dispute over their late father's estate, intensifying tensions in Singapore's political landscape. The statement emphasized the need for truth and transparency, dismissing the allegations as baseless attempts to undermine public trust.
- 🌐 Singapore Condemns 'Smear Campaign': Allegations Surface Against Ex-PM Lee Hsien Loong's Brother Lee Hsien Yang, brother of Singapore's current Prime Minister, has been accused of a 'smear campaign' by the Singaporean government. These allegations arose on November 1, 2024, following tensions within the Lee family.
- 🚌 Enhanced Bus Connectivity with New Buangkok Interchange The new Buangkok Bus Interchange, operated by SBS Transit, opened on 12 October 2023, featuring 28 bus services, a nursing room, and barrier-free facilities, improving access to nearby amenities for commuters.
- 🌟 Singapore's Public Sector Progress: Biennial Review Highlights Key Advancements Singapore's latest biennial public sector review on October 23, 2023, reveals significant progress in digital services, sustainability initiatives spearheaded by the Government Technology Agency, and citizen engagement projects implemented by the Public Service Division.
- 🌍 Singapore Boosts Pandemic Fund: Contributes Additional $13 Million to Global Efforts On October 13, 2023, Singapore announced an additional $13 million contribution to the global pandemic fund coordinated by the World Health Organization, bringing its total pledge to $14 million.
- 🐒 Exotic Monkey Captured: African vervet sighted in Choa Chu Kang trees caught by ACRES, drawing public and media attention. A vervet monkey, native to Africa, was spotted and captured in trees at Choa Chu Kang Drive on October 2023. The incident drew attention from residents and media. The Animal Concerns Research and Education Society (ACRES) responded promptly to capture the animal safely. Public sightings first occurred on a previous Sunday, leading to concern about its impact on local wildlife.
- 🤑 Singtel and Four Others Offer Lucrative Dividends in November Five Singapore stocks, including Singtel and UOB, are set to distribute dividends in November 2023. Companies offer varying yields and ex-dividend dates, attracting investors aiming for reliable income streams this month.
- 💸 November Dividend Watch: Key Picks from Singapore's Stock Market Singapore Airlines offers a dividend on 9th November 2023. Mapletree Logistics Trust pays out dividends on 17th November 2023. DBS Group Holdings announced special dividends payable on 23rd November 2023.
- 🏥 Singapore's Allied Health Strategy: Nation to Finalize Plan by 2025 Singapore is developing a national strategy for allied health professionals to be finalized by 2025. Dr. Amy Khor announced plans for enhancing training, addressing workforce gaps, and improving healthcare outcomes.
- 🏫 Singapore's Public Sector Progress: Significant advances in education and housing detailed in the Public Sector Outcomes Review The Public Sector Outcomes Review highlights Singapore’s significant strides in education and housing, with improved student performance and increased public housing availability. The report covers achievements between 2021 and 2023, emphasizing policy innovations and infrastructure developments.
- 🇸🇬 Singapore's Public Sector Progress: Government initiatives improve housing, healthcare, digital services, and sustainability. In 2023, Singapore's public sector excelled by enhancing e-government services, increasing public housing by 11,500 units, and investing $3.4 billion in healthcare technology. Environment initiatives reduced carbon emissions by 25% since 2012.
- 💼 Singapore Employers Reject 4-Day Work Week: Survey Shows 8 in 10 Oppose Implementation A survey conducted by Milieu Insight from September 1 to September 17, 2023, reveals that 78% of Singapore employers are not in favor of adopting a 4-day work week, citing concerns over productivity and staffing challenges.
- 📉 Singapore Stocks Dip: STI Drops 0.1% on November 1 On November 1, 2023, the Straits Times Index (STI) fell 0.1% to 3,051.94 points. This decline in the Singapore stock market witnessed Singtel dropping 0.5% and UOB slipping 0.3%.
- 💼 China-Singapore Trade Boost: $30 Billion MOU Signals Enhanced Cooperation in Smart Cities The 7th China-Singapore Joint Council for Bilateral Cooperation meeting, held on January 14, 2023, resulted in the signing of a $30 billion memorandum of understanding focusing on smart city development and technology collaboration.
- 🔍 Singapore's Digital Prowess: Driving 17.7% of GDP in 2023 In 2023, Singapore's digital economy, spearheaded by innovations from companies like Grab and Sea Ltd, accounted for 17.7% of its GDP. Initiatives by the Singaporean government and thriving tech startups have led to significant growth, with further investments expected in 2024 to enhance digital infrastructure and capabilities across the nation.
- 🛌 Effective Bed Management at SGH: Singapore General Hospital's new system optimizes patient flow, aiming for a 90% reduction in bed wait time by the end of 2024. On November 1, 2024, Singapore General Hospital (SGH) unveiled its new bed management system. This technology aims to boost patient flow efficiency by 90% within a year, reducing wait times and enhancing care quality.
- 🚨 Singapore's Call for Peace: Singapore Foreign Minister Vivian Balakrishnan urges for a Gaza ceasefire and the release of hostages, emphasizing the importance of diplomacy. On October 13, 2023, Singapore's Foreign Minister Vivian Balakrishnan addressed the United Nations, advocating for an immediate ceasefire in Gaza. He stressed the plight of hostages and civilians, urging international collaboration to restore peace and stability swiftly.
- 🚀 Singapore's Competitiveness Boost: Immediate Steps Highlighted in Recent Report The Singapore Business Federation reported on 15 October 2023 that among 27 recommendations to enhance competitiveness, several can be implemented by 2024. These involve regulatory changes and infrastructure upgrades, emphasizing digitalization.
